Private placement -- brokered

Financing type:  brokered private placement

Gross proceeds:  $190-million

Offering:  95 million common shares (issued upon the conversion of subscription receipts for no additional consideration)

Offering price:  $2 per common share

Commissions in securities:  6,600,640 finders' warrants

Commission terms:  non-transferable warrants exercisable at a price of $2 per share for a two-year period

Disclosure:  Refer to the company's news releases dated Aug. 18, 2026, Aug. 20, 2026, Sept. 9, 2026, and Oct. 6, 2026.